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Maryland

Maryland Company Formations from £499

Maryland's economy continues to outperform the country as a whole. Information technology, telecommunications, and aerospace and defence are leading forces behind Maryland's economic growth. In the biotechnology area, Maryland is a noted leader and is at the centre in the mapping of the human genome and commercial applications that result from its research. In addition, Maryland's economy continually exhibits positive job growth, boasting a predicted ten-year growth rate of over 9 percent.

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Company Formations

Bank Accounts

Offices

Requirements for Company Formation in Maryland

Minimum share capital $1
An increase in the shares may cause an increase in the initial filing fee.
At least one director is required.
Residency for directors is not required.
Directors are not required to be listed in the articles of incorporation.
The name must contain corporation, incorporation or an abbreviation.
The name must not be similar to another incorporation.
Annual filing fee is $196 is due 1st January.
To pay local taxes EIN Number.

Fees

Basic company formation £499.
Bank account introduction £500.
All additional fees as per Price List.

Timescales

Company formation in approximately one week, upon receipt of all relevant information. The documents will be sent to you anywhere in the world.

Serviced and Virtual Offices

Virtual office (includes telephone, fax and mail forwarding facilities) £200 per month payable quarterly in advance plus £600 deposit refundable within 30 days upon termination of your office contract.
Service office according to requirement.

Accountancy

Quote based upon approximate number of monthly invoices and projected annual turnover.

How Do I Proceed?

In order to commence the formation procedure, we require the following:

A completed online Application Form.
50% of the company formation cost due on receipt of a pro-forma invoice from us.
A certified copy of each Directors/Shareholders passport.
Two utility bills less than three months old.